You can try this:
Edit1:
=AND(MOD($N5-1700,300)<108,$N5<>"") '~~> GREEN
=MOD($N5-1700,300)>204 '~~> RED
=AND(MOD($N5-1700,300)>=108,MOD($N5-1700,300)<=204 '~~> ORANGE
This is the easiest i can come up with.
column N should contain numbers starting from 1700 only.